Market revenue in 2023 | USD 572,655.1 million |
Market revenue in 2030 | USD 1,309,672.9 million |
Growth rate | 12.5% (CAGR from 2023 to 2030) |
Largest segment | High school (9-12) |
Fastest growing segment | Middle School (6-8) |
Historical data covered | 2017 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Elementary School (K-5), Middle School (6-8), High School (9-12) |
High school (9-12) was the largest segment with a revenue share of 48.07% in 2023. Horizon Databook has segmented the Europe k-12 education market based on elementary school (k-5), middle school (6-8), high school (9-12) covering the revenue growth of each sub-segment from 2017 to 2030.
Educational initiatives in the European Union (EU), including the European Education Area and the Erasmus+ program influence the region’s education systems. These initiatives promote collaboration, mobility, and the sharing of best practices across member states, driving modernization and innovation in K-12 education.
In addition, Europe's changing demographics, including aging populations in some regions and the influx of migrants and refugees, are influencing the K-12 education market. Schools are adapting to meet the needs of increasingly diverse student populations, with a focus on integration and diverse language support.
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